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This property looks like a bad Long-Term investment with a projected -7.39% first-year return on $88,977 initial cash invested.
-7.39%
Cash On Cash
4.85%
Cap Rate
0.81
DSCR
$2,740
Rent
-$548
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$2,740 income − $3,288 expenses = $548 out of pocket
Investment Breakdown
|
Purchase Price
$424k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$88,977
Downpayment
20%
$84,740
Closing costs
1%
$4,237
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,740
Total Expenses
$3,288
Mortgage P&I
77%
$2,123
Property Taxes
10%
$276
Home Insurance
6%
$154
HOA
1%
$23
Property Management
10%
$274
CapEx
5%
$137
Vacancy
6%
$164
Maintenance
5%
$137
Other
0%
$0